CTAs see first negative quarter in a year - SG data

Societe Generale indices showed outflows across the board in third quarter

Hedge funds saw in the three months to the
end of September net outflows for the first quarter in over a
year, compounding mixed demand for alternative investment
strategies in 2016, according to new data from Societe
Generale.

The French bank said on Monday its
flagship Commodity Trading Advisor index, which tracks the
largest 20 CTAs that provide data and are still open to
investment, was down 1.2% in September.